To facilitate the business of the district, the board may provide for the creation and administration of such funds as the needs of the district may require. The funds shall be disbursed in accordance with rules established by the board and all payments from any fund shall be reported to the board.
Cal. Pub. Util. Code § 24890
Powers and Duties of Directors
Known as the Transit District Law
The act spans §§ 24501 to 27509 (308 sections).
Added by Stats. 1955, Ch. 1036.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.